MOSCOW TIME: 24.04.2024 03:40:58
Businessmen originating from a Chinese province called Hainan are holding negotiations regarding their potential participation in logistic projects pertaining to the Leningrad Region. E.g., Hainan Airline, which manages the province's airport, intends to bolster its business through participation in the creation and development of airport compounds in North West Russia
Chinese company ready to proceed to airport construction in Leningrad Region
Businessmen originating from a Chinese province called Hainan are holding negotiations regarding their potential participation in logistic projects pertaining to the Leningrad Region. E.g., Hainan Airline, which manages the province's airport, intends to bolster its business through participation in the creation and development of airport compounds in North West Russia.
There is a law enacted in the Leningrad Region offering tax preferences to investors. Depending on investments, the applicable property tax rate may be reduced to 0% while the tax profit rate may be lowered to 13.5%. The minimum amount of investments required to obtain the preferences is EUR 4 million.
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